UPM's PM3 is officially inaugurated in Changshu, China
(Thomson Reuters ONE) -
(UPM, Shanghai, 12 April 2016 at 9:00 EET) - UPM announced today the official
inauguration of the Paper Machine 3 (PM3) in Changshu, China. As an important
milestone for the development of UPM in China, the new paper machine will
further increase production capacity while implementing the Biofore strategy.
With this investment UPM will continue to provide environmentally friendly, safe
and broad product portfolios for customers in China and the Asia-Pacific
region.
"In UPM Changshu we will focus on value added, advanced paper products for
growing segments in China and worldwide. On this site, we are also introducing
totally new, innovative manufacturing technology - not only for China, but for
the paper industry worldwide," said President and CEO Jussi Pesonen in his
opening speech.
In 2012, in order to meet the growing demand for paper from China and the Asia-
Pacific region, UPM began to implement the PM3 Project with a total cost of EUR
277 million. The PM3 production line and process has been designed to be very
flexible with a wide range of different products from uncoated woodfree papers
to advanced specialty products. This swing concept of PM3 also greatly improves
the efficiency of paper production and also helps to reduce energy consumption.
The product portfolio of Changshu has been extended into labelling material and
other specialty products to better fit customer needs. These segments are still
seeing and are forecasted to see significant growth globally, but especially in
this part of the world.
UPM first invested in China in 1998 and has since invested more than USD 2
billion in the region. The Changshu site is a proof of UPM's consistent and
steady commitment in China. Today, the site boasts a fully integrated production
and converting capability that incorporates a paper mill, labelstock factory,
Asia R&D Centre as well as an APAC Supply Chain Centre. With the new investment,
UPM is able to produce 1.4 million tonnes of labelling material and fine papers
for customers across the Asia Pacific region, and beyond.
UPM attaches great importance to the sustainable development of the economy,
society and environment. UPM's Biofore strategy emphasizes environmental
friendliness and sustainable development for the full life cycle of paper
production. Currently the share of certified fibres is at 84 per cent. In
addition, UPM has developed a biodiversity program for forest management, to
increase biodiversity, improve natural ecosystems, carbon cycles, and vitalize
the forest. In the paper production process, UPM values the protection and
recycling of water resources. At UPM's Changshu Mill, the recycling rate for the
white water has reached 97 per cent.
"The completion of PM3 Project in Changshu is another strong example of our
long-term commitment to sustainable development in Chinese market. In the
future, through UPM's Biofore strategy, the company will continue to raise
industry standards to achieve a more sustainable and safer way of production,"
said Jussi Pesonen.
For further information please contact:
Bernd Eikens, Executive Vice President, UPM Paper Asia, tel. +86 139 1366 2828
Mary Ma, Director, Marketing, Communications and Environmental Affairs, UPM
Paper Asia, tel. + 86 21 644 855 44
Pictures from UPM Changshu and PM3 Grand Opening available here.
UPM, Media Relations
9.00-16.00 EET
tel. +358 40 588 3284
media(at)upm.com
www.twitter.com/UPM_News
www.facebook.com/UPMGlobal
www.linkedin.com/company/upm-kymmene
UPM Changshu Mill
UPM Changhu mill located in Jiangsu Province, China produces high quality office
and printing papers, and labelling materials. The annual production capacity of
the three production lines is 1.4 million tons. UPM Changshu employs around
1,400 people.
UPM Paper Asia
UPM Paper Asia produces fine papers to Asian markets and label and packaging
materials to global markets. Our products and services are developed to provide
our customers' the right solutions. We are a recognized industry leader in
sustainability and environmental excellence. Our responsibly produced and high
performance papers are manufactured in China and Finland. www.upmpaper.com
UPM
Through the renewing of the bio and forest industries, UPM is building a
sustainable future across six business areas: UPM Biorefining, UPM Energy, UPM
Raflatac, UPM Paper Asia, UPM Paper Europe and North America and UPM Plywood.
Our products are made of renewable raw materials and are recyclable. We serve
our customers worldwide. The group employs around 19,600 people and its annual
sales are approximately EUR 10 billion. UPM shares are listed on NASDAQ OMX
Helsinki. UPM - The Biofore Company - www.upm.com
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: UPM via GlobeNewswire
[HUG#2002668]
Unternehmensinformation / Kurzprofil:
Datum: 12.04.2016 - 08:00 Uhr
Sprache: Deutsch
News-ID 463289
Anzahl Zeichen: 5764
contact information:
Town:
Helsinki
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 232 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"UPM's PM3 is officially inaugurated in Changshu, China"
steht unter der journalistisch-redaktionellen Verantwortung von
UPM (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
